United Kingdom
Old Mutual Wealth acquires £40m IFA
Old Mutual Wealth Private Client Advisers has acquired Wiltshire-based IFA firm A&M Financial Services.
Best Practice | 14 Feb 18
The Fry Group names MD for big push into new markets
The Fry Group has revealed its new managing director and chairman from 1 April is to be Jeremy Woodley, its long-standing sales and marketing director, who is intent on accelerating plans for further offices across the world.
Best Practice | 14 Feb 18
7IM launches decumulation service for advisers
Seven Investment Management has launched a retirement planning service to help advisers in the UK look after clients at, and nearing, retirement.
Woodford-backed start-ups reveal cash woes
Itaconix and RM2 International, two small-cap firms that are majority owned by Neil Woodford, have reported cash troubles in their latest trading updates. Elsewhere, the heavyweight UK manager has doubled his exposure to builder Crest Nicholson.
Intrinsic ordered to pay compensation over Harlequin Sipp
The UK Financial Ombudsman Service has upheld a complaint against an Intrinsic financial adviser, who helped a client switch his personal pension to a self-invested personal pension (Sipp) to invest in Harlequin, a now-defunct unregulated investment scheme.